EnerKnol Research PU Visual Primer Nuclear Power 2025 02 04 Blog preview

Visual Primer: U.S. Revives Nuclear Energy by Restarting Old Plants and Advancing Small Modular Reactors

As electricity demand soars, nuclear power is emerging as a key solution to ensure grid stability and achieve net-zero emissions goals. More recently, increasing demand, particularly from data centers, is fueling the push to restart previously shut-down nuclear plants.

nuclear generators

U.S. Nuclear Generators Heavily Reliant on Imports of Uranium Concentrate: EIA

U.S. nuclear generators utilized 32 million pounds of imported uranium concentrate and 0.05 million pounds of domestically uranium concentrate during 2023, according to an Jan. 30 report published by the U.S. Energy Information Administration. Imports of uranium concentrate accounted for 99 percent of the nuclear generator’s requirements. Foreign producers mainly supply the U.S. front end…...

Virgil C. Summer Nuclear Station Unit 1

South Carolina Utility Seeks Proposals to Continue Abandoned V.C. Summer Nuclear Project

South Carolina’s state-owned utility, Santee Cooper, issued a request for proposals for potential buyers to acquire and complete the development of two partially constructed nuclear reactors at the V.C. Summer Nuclear Station, according to a Jan. 22 press release. The move comes in response to growing interest in new nuclear power to help meet rising…...

U.S. Development Bank Ends Ban on Financing Nuclear Power Projects

U.S. Energy Department Selects Six Companies to Procure Domestic Low-Enriched Uranium

The U.S. Energy Department on Dec. 10 announced the selection of six  companies to procure domestic Low-Enriched Uranium or LEU. The department will sign contracts with American Centrifuge Operating LLC, General Matter Inc., Global Laser Enrichment LLC, Louisiana Energy Services LLC, Laser Isotope Separation Technologies Inc., and Orano Federal Services LLC. The minimum value of…...

Southern Company Agrees to More Cost Risks to Keep Vogtle Nuclear Project Alive

U.S. Energy Department Announces $16 Million for HALEU Transportation Packages

The U.S. Energy Department on Nov. 19 announced a $16 million funding opportunity for the research and development of High-Assay Low-Enrichment, HALEU, transportation technology. The funding aims to develop viable and cost-effective solutions to transport HALEU, and to obtain licensing from the Nuclear Regulatory Commission (NRC) for the new technology. The Energy Act of 2020…...

U.S. Development Bank Ends Ban on Financing Nuclear Power Projects

U.S. Government Unveils Roadmap to Triple Current Nuclear Capacity by 2050

The White House on Nov. 12 announced a new framework to ramp up domestic nuclear energy capacity, with an ambitious target to reach 200 gigawatts (GW) by 2050. The roadmap sets two short-term targets of adding 35 GW of new nuclear capacity by 2035 and sustaining 15 GW of annual nuclear production by 2040. To…...

nuclear capacity

U.S. Nuclear Capacity Outages Declined During Summer 2024: EIA

Average U.S. nuclear capacity outages declined to around 2.6 gigawatts (GW) per day during summer 2024, down 0.5 GW compared to summer 2023, according to an Nov. 5 report published by the U.S. Energy Information Administration. U.S. nuclear capacity outages were mostly evident in mid-July and early August, averaging 3.1 GW per day during the…...

EnerKnol Research PU Visual Primer Data Centers Nuclear Colocation 2024 11 05 Blog preview

Visual Primer: Energy-Intensive Data Centers Look to Nuclear for Steady Supply of Emissions-Free Power

Co-locating energy-intensive data centers with power generation facilities is viewed as a strategic solution to access large sources of electricity without lengthy interconnection processes or extensive grid
upgrades. Recently, technology firms have turned to nuclear power for its steady, carbon-free output to directly power these high-demand facilities. However, the co-location trend has raised concerns over grid reliability and potential cost impacts.

Ohio Lawmakers Pass Bill to Revoke $1.1 Billion Nuclear Subsidy

FERC Rejects Proposal to Increase Co-Located Load Capacity at Talen’s Nuclear Power Plant

The Federal Energy Regulatory Commission on Nov. 1 issued an order rejecting amendments to an interconnection service agreement between PJM Interconnection, Talen Energy, and PPL Electric Utilities that would have increased co-located load capacity at Talen’s Susquehanna nuclear plant to power an Amazon data center. The proposal sought to expand the capacity from 300 to…...

Power Suppliers Seek Supreme Court Review of State Nuclear Subsidies

U.S. Energy Department Announces $900 Million to Advance Small Modular Reactor Technologies

The U.S. Energy Department on Oct.16 launched a $900 million funding opportunity to support projects that will facilitate initial domestic deployment of Generation III+ small modular reactor technologies. Applications are due by Jan. 17, 2025. The funding comes from allocations in the Consolidated Appropriations Act of 2024 utilizing funds from the 2021 Infrastructure Investment and…...

Senate Bill Aims to Restore U.S. Leadership in Nuclear Energy, Promote Safe Civil Nuclear Programs

U.S. Energy Department Finalizes $2.8 Billion Loan Guarantee to Restart 800-Megawatt Palisades Nuclear Power Plant

The U.S. Energy Department has announced the closing of up to $1.52 billion in a loan guarantee to Holtec Palisades LLC to recommission the 800-megawatt (MW) Palisades Nuclear Plant in Michigan. Further, the U.S. Agriculture Department has awarded more than $1.3 billion in grants to two rural electric cooperatives to lower the cost of electricity…...

data centers power

Data Centers Turn to Nuclear Plants for Emission-Free Power: EIA

Recent power purchase agreements between nuclear plant owners and data centers highlight data center operators’ efforts to secure emissions-free power, but future electricity demand is subject to uncertainties, according to an Oct. 1 report from the U.S. Energy Information Administration. Factors such as the size of new data center capacity, the time required for each…...